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$150 Million Asian Development Bank Loan to Support Green Recovery, Catalyze Financing Toward SDGs in Indonesia
The Asian Development Bank has approved a $150 million loan to support a facility aimed at accelerating Indonesia’s economic recovery from the coronavirus disease (COVID-19) pandemic and catalyzing public and private funds to support green and bankable infrastructure projects.
- Categories
- Coronavirus, Finance, Health Care
- Region
- South Asia
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Joint SDG Fund Doubles Its Portfolio to $114 Million in Catalytic Impact Investments
The UN Joint SDG Fund announced a historic expansion of its portfolio to five new markets across the globe with US $54.5 million in additional investments to rescue the Sustainable Development Goals.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Mongolia Plans Ruinous Water Infrastructure Glut
Mongolia markets its Blue Horse programme as adaption to climate change and is securing climate funding on that basis; this rides roughshod over biodiversity hotspots
- Categories
- WASH
- Region
- Asia Pacific
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How One of the World’s Biggest Carbon Emitters Got a Factory to Zero Emissions
Panasonic’s push to decarbonize a big plant in China demonstrates the steep challenge for companies trying to reduce the greenhouse gases linked to climate change.
- Categories
- Environment
- Region
- Asia Pacific
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Press Release: Quaise Energy Secures $40 Million Series A to Unlock Terawatt-Scale Geothermal Energy
New funding will accelerate Quaise’s ability to demonstrate its novel drilling technology in the field and tap into hotter and denser sources of renewable geothermal energy.
- Categories
- Energy
- Region
- Global
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Risky Business: How an Innovative Partnership is Addressing Growing Threats to the Coffee Supply Chain
For smallholder farmers, growing coffee has become a risky business. Plagued by low profitability and the effects of climate change, many struggle to earn a livable income. And with smallholders accounting for 80% of global coffee production, their struggles put the entire coffee industry at risk. Carolin Ehrensperger at Neumann Gruppe GmBH and Laura Harwig at Feed the Future Partnering for Innovation discuss a partnership that aims to build a sustainable coffee supply chain by providing farmers with critical opportunities and resources to grow and adapt.
- Categories
- Agriculture, Environment
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African Development Fund Approves $27.39 Million Grant to Develop Renewable Energy Investments in Ghana
The Board of Directors of the African Development Fund has approved a $27.39 million grant to Ghana for the development of renewable energy investments in the mini grid and net metering space.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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The Growing Urgency of Funding Off-Grid Solar: Exploring the Multi-Billion Dollar Investment Opportunity in Achieving Climate and Energy Access Goals
The off-grid solar industry currently serves 420 million people, while enabling remote and vulnerable populations to adapt to climate change. But as Koen Peters at GOGLA points out, financial flows into the sector have stalled over the last five years, and it is not receiving anywhere near the funding it needs to fulfill its potential. He explores the momentum and impact of off-grid solar, discussing why much faster progress – and much greater funding – is needed for the sector to address the increasingly urgent challenges of climate change.
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